Chinese Ride-sharing Giant Didi Picks Australia For First Western Foray

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SYDNEY – Didi Chuxing Technology Co Ltd, the Chinese ride-sharing company which bought the mainland operations of Uber Technologies Inc [UBER.UL], said it will begin offering its service this month in Australia, its first foray in a Western country.

The scheduled June 25 launch in Australia’s second biggest city Melbourne sets Didi up for a showdown with the U.S. rival it bought out in China in exchange for a stake. Didi started expanding outside Asia in Mexico earlier this year, and has said globalisation is a core strategy.

Didi’s announcement on Friday about the launch shows business deals between China and Australia are being struck as normal even as relations between the two governments have hit a speedbump after the Federal Government proposed anti-foreign interference laws directed at Beijing.




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